75% of Spaniards claim to have ever bought on second-hand online platforms, according to a study by the OCU. The possibility of gaining space while adding an extra to our income or the option of acquiring goods with a cheaper price than new ones increasingly attracts more consumers. However, it should be remembered that these operations are taxed and that the Treasury has been behind them for a few years. In November 2017, the then Minister of Finance, Cristóbal Montoro, stressed that these operations were subject to taxation, as is the case with all commercial transactions outside the online scenario.
Specifically, the online sale of second-hand objects among private users on platforms such as Wallapop, Vibbo or eBay, among others, is subject to taxation even when the amount of the transaction is small. Buyers must settle in all cases the Property Transfer Tax (ITP) through the model 600 from the Tax Agency, a tax that is assigned to the autonomous communities and must be paid within one month from the date of the sale transaction.
Thus, the type of lien to be applied is 4% for movable property and 6% for real estate, although it depends on the Autonomous Community in which the taxpayer resides. In the case of Madrid, operations worth less than 500 euros are exempt from paying this tax, since regional governments have the power to legislate on the type that is applied. It should be noted that it is not a new and custom-created tariff for digital transactions, but is a tax that taxes all types of sales transactions.
For its part, the seller must declare the operation in the event that there is a net profit, that is, when the product is placed at a higher price than the original purchase and benefits are obtained. In this way, the operation will be taxed by personal income tax and must be included in the Income statement in the section on income from movable capital. Thus, earnings of up to 6,000 are taxed at 19%; those of 6,000 to 50,000 euros, at 21% and those above 50,000 euros, at 23%.
In addition, and if the Treasury investigates in the future in the operations of purchase of second-hand items, experts recommend archiving all documents that demonstrate the operation such as emails, messages or screenshots of conversations.